Thread regarding Morgan Stanley layoffs

Manager meeting about layoffs

Layoffs happening, don't know when it will be done. NY/MTL

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Post ID: @OP+1k3KCW4P

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You're not wrong but also not right.

Montreal is defintely cheaper labor but can still be hit just as hard as NY.

Post ID: @ehsj+1k3KCW4P

Can you explain the just of that manager meeting on upcoming layoffs. Other than telling there is a RIF coming do they tell managers to do anything specific on the day?
I know most likely it’s not your manager that is in that let-go meeting. Most likely the section MD and HR.
Just wondering if they tell the manager to stay away till you are obviously escorted out of the building after that lay-off meeting

Post ID: @3csf+1k3KCW4P

Montreal won’t be hit hard. It’s a low cost center with their cr---y dollar and cheap labor.

Post ID: @hqh+1k3KCW4P

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